354 BILLS OF EXCHANGE AND PROMISSORY NOTES. [ART. 13

174. When a bill is protested, such protest must be made
on the day of its dishonor, unless delay is excused as herein
provided. When a bill has been duly noted, the protest may
be subsequently extended as to the date of the noting.

175. A bill must be protested at the place where it is dis-
honored, except that when a bill drawn payable at the place of
business or residence of some person other than the drawee,
has been dishonored by non-acceptance, it must be protested
for non-payment at the place where it is expressed to be paya-
ble, and no further presentment for payment to, or demand on,
the drawee is necessary.

176. A bill which has been protested for non-acceptance
may be subsequently protested for non-payment.

177. Where the acceptor has been adjudged a bankrupt or
an insolvent, or has made an assignment for the benefit of
creditors, before the bill matures, the holder may cause the bill
to be protested for better security against the drawer and
indorsers.

178. Protest is dispensed with by any circumstances which
would dispense with notice of dishonor. Delay in noting or
protesting is excused when delay is caused by circumstances
beyond the control of the- holder and not imputable to his
default, misconduct or negligence. When the cause of delay
ceases to operate, the bill must be noted or protested with
reasonable diligence.

179. Where a bill is lost or destroyed, or is wrongly
detained from the person entitled to hold it, protest may be
made on a copy or written particulars thereof.

CHAPTER XIV—Acceptance of Bills of Exchange for Honor.

180. Where a bill of exchange has been protested for. dis-
honor by non-acceptance or protested for better security and is
not overdue, any person not being a party already liable
thereon may, with the consent of the holder, intervene and
accept the bill supra protest for the honor of any party liable
thereon, or for the honor of the person for whose account the
bill is drawn. The acceptance for honor may be for part only
of the sum for which the bill is drawn; and where there has